Oil News and Gas News
July 10, 2018
OIL AND GAS
Oil rigs may end their days as valuable artificial reefs



Aarhus, Denmark (SPX) Jul 10, 2018
A large group of international researchers have just published a scientific article in which they encourage environmental authorities across the globe to rethink the idea of removing oil rigs, wind turbines and other installations in the sea when they are worn out. A submerged camera at an old worn out oil rig shows an extensive life of flatfish, cod and bottom fauna in all its forms. A life usually not see in these parts of the North Sea, where the oil rig awaits decommissioning after 25 years' o ... read more

OIL AND GAS
Suncor offers timeline for Syncrude restart
Washington (UPI) Jul 9, 2018
Canadian energy company Suncor said its Syncrude oil sands facility, crippled by a June power outage, will be back at full capacity by September. ... more
OIL AND GAS
Oil prices rise Monday on supply deficit concerns
Washington (UPI) Jul 9, 2018
Crude oil prices moved into positive territory Monday ahead of the start of trading in New York amid growing concerns about a supply-side deficit. ... more
OIL AND GAS
New discovery highlights Egypt's potential as emerging oil producer
Washington (UPI) Jul 9, 2018
A new oil discovery in the Western Desert of Egypt could unlock a new area for production gains in the country, Italian energy company Eni said Monday. ... more
OIL AND GAS
Oil and gas industry work to protect night skies
Austin TX (SPX) Jul 10, 2018
The University of Texas at Austin's McDonald Observatory has collaborated with the Permian Basin Petroleum Association (PBPA) and the Texas Oil and Gas Association (TXOGA) to reduce light shining in ... more


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OIL AND GAS
Mozambique ready for next LNG phase
Washington (UPI) Jul 9, 2018
Liquefied natural gas will start processing from a field off the coast of Mozambique by 2024 now that the government has the development plans, partners said. ... more
OIL AND GAS
European Parliament president arrives in Tripoli
Washington (UPI) Jul 9, 2018
With oil production woes pressuring the Libyan economy, the president of the European Parliament said Monday that Libyan security means European security. ... more
OIL AND GAS
U.S. supply build, trade fears send oil prices lower
Washington (UPI) Jul 6, 2018
Oil prices turned lower before the start of U.S. trading amid fears of the consequences of a global trade war and in response to a build in U.S. oil levels. ... more
OIL AND GAS
SSudan rebel leader set to be reinstated as vice president
Kampala (AFP) July 7, 2018
South Sudan's warring leaders agreed to a power-sharing deal in Uganda Saturday that will see the rebel leader return to his position as vice president, Sudan's foreign minister said. ... more
OIL AND GAS
No time to relax on the economy, Russia says
Washington (UPI) Jul 6, 2018
Two weeks after helping secure a new arrangement with OPEC, Russian President Putin said the economy was stable, but exposed to external risks. ... more
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OIL AND GAS
Labor stikes planned for Total platforms in the North Sea
Washington (UPI) Jul 6, 2018
Labor action taken against Total operations in the British waters of the North Sea won't build confidence for the oil and gas sector, a trade group said Friday. ... more
OIL AND GAS
Libyan oil boss presses for investor confidence
Washington (UPI) Jul 6, 2018
A Libyan oil executive called on international investors to remain committed to the country, adding economic problems could have a spillover effect. ... more
OIL AND GAS
World powers back Iran oil exports despite US sanctions threat
Vienna (AFP) July 6, 2018
Iran's remaining partners in the 2015 nuclear deal vowed Friday to keep the energy exporter plugged into the global economy despite the US withdrawal and sanctions threat. ... more
OIL AND GAS
UBS: Oil market at risk from supply shocks
Washington (UPI) Jul 5, 2018
Even with Saudi Arabia offering market assurances, concerns about dwindling spare capacity could push oil prices above $80 per barrel, Swiss bank UBS said. ... more
OIL AND GAS
Taiwan businessman indicted over North Korea oil sales
Taipei (AFP) July 5, 2018
A Taiwanese businessman has been indicted over illegal oil sales to North Korea, prosecutors said Thursday, flouting UN sanctions against the nuclear-armed regime. ... more


Oil prices face inventory, spare capacity test

OIL AND GAS
New oil found in wildcat well in Norwegian waters
Washington (UPI) Jul 5, 2018
As much as 8 million barrels of oil have been discovered in parts of the North Sea not previously known to contain petroleum, the Norwegian government said. ... more
OILGASDAILY



OIL AND GAS
Debate stirs over authority over British shale
Washington (UPI) Jul 5, 2018
Diminishing the national significance of British shale natural gas work creates unnecessary delays for developing the fledgling industry, a trade group said. ... more
OIL AND GAS
Maduro warns Venezuela army over Trump 'invasion' plans
Caracas (AFP) July 5, 2018
President Nicolas Maduro urged his armed forces Wednesday to be on guard following news reports in the United States that a year ago President Donald Trump raised the possibility of invading Venezuela. ... more
OIL AND GAS
Gas production a vote of confidence for Libya
Washington (UPI) Jul 5, 2018
The start of natural gas production off the coast of Libya is a breath of fresh air for a country facing significant security risks, a company chairman said. ... more
OIL AND GAS
Iran blames Trump for the spike in oil prices
Washington (UPI) Jul 5, 2018
The Iranian governor to OPEC said Thursday the U.S. president should avoid stepping into the production group's work with calls to drive down the price of oil. ... more
OIL AND GAS
Greenpeace activists rappel from Canadian bridge to protest oil pipeline
Montreal (AFP) July 5, 2018
Canadian police tried in vain Wednesday to remove Greenpeace activists who have rappelled from a bridge to protest an oil pipeline project, blocking marine traffic in the port of Vancouver. ... more
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New 'promiscuous' enzyme helps turn plant waste into sustainable products
Portsmouth UK (SPX) Jul 03, 2018
A new family of enzymes has been discovered which paves the way to convert plant waste into sustainable and high-value products such as nylon, plastics, chemicals, and fuels. The discovery was led by members of the same UK-US enzyme engineering team which, in April, improved a plastic-digesting enzyme, a potential breakthrough for the recycling of plastic waste. The study published i ... more
+ Biorenewable, biodegradable plastic alternative synthesized by CSU chemists
+ Enzyme boost could hasten production of biofuels and other bioprocessed materials
+ New catalyst upgrades carbon dioxide to fuels found by USTC
+ Researchers discover new enzyme paradigm for critical reaction in converting lignin to useful products
+ Researchers report novel hybrid catalyst to split water
+ I.Coast studies first cocoa-fired power station
+ Orange, tea tree and eucalyptus oils sweeten diesel fumes
Shedding light on the energy-efficiency of photosynthesis
Davis CA (SPX) Jul 04, 2018
Photosynthesis is one of the most crucial life processes on earth. It's how plants get their food, using energy from sunlight to convert water and carbon dioxide from the air into sugars. It's long been thought that more than 30 percent of the energy produced during photosynthesis is wasted in a process called photorespiration. A new study led by researchers at the University of California ... more
+ High performance nitride semiconductor for environmentally friendly photovoltaics
+ Surrey makes breakthrough in perovskite solar cell technology
+ Jumby Bay island to benefit from additional clean energy supply
+ Researchers solve major challenge in mass production of low-cost solar cells
+ Wartsila introduces new hybrid solar PV and storage solution
+ Sunvapor receives DoE contract to develop Solar Steam on Demand
+ A milestone on the path towards efficient solar cells


Clock starts for Germany's next wind farm
Washington (UPI) Jul 5, 2018
German energy company E.ON said Thursday the start of turbine installation at the Arkona wind farm in the Baltic Sea sets the clock ticking for a 2019 launch. The company said it started installing the first of the 60 turbines planned for the 385 megawatt facility in the German waters of the Baltic Sea. Once completed, Arkona will have enough power to meet the annual power demand of aro ... more
+ ENGIE: Wind energy footprint firmed up in Norway
+ Batteries make offshore wind energy debut
+ India embarks on offshore wind energy effort
+ New wind turbines are even efficient in low winds
+ Cryptocurrency blowing in the wind as mine opens in Estonia
+ U.S. Atlantic states eye offshore wind leadership
+ European wind energy generation potential in a warmer world
UAE further delays launch of first nuclear reactor
Abu Dhabi (AFP) July 4, 2018
The United Arab Emirates said Wednesday that its first nuclear reactor would come online in late 2019 or early 2020, further delaying the launch of the Arab World's first atomic power station. Construction of the first of four reactors at the $20 billion (17 billion euro) Barakah plant has been completed ahead of "operation by the end of 2019 (or) early 2020," Emirates Nuclear Energy Corpati ... more
+ French MPs warn of nuclear safety 'failings'
+ Greenpeace activists 'crash' drone into French nuclear plant
+ The vanishing nuclear industry
+ Japan aims for 24% renewable energy but keeps nuclear central
+ Electrospun sodium titanate speeds up the purification of nuclear waste water
+ Framatome welcomes Taishan 1 grid connection, the first EPR reactor in the world
+ First EPR nuclear reactor goes on stream in China
Daily Newsletters - Space - Military - Environment - Energy

Europe looking for climate strategies to 2050
Washington (UPI) Jul 6, 2018
The European commissioner for climate action said Friday it's time to start looking beyond the horizon outlined in the Paris climate agreement. "The clean energy transition will be key, and achieving our climate objectives will require contributions from every part of the economy and society," European Climate Commissioner Arias CaƱete said in a statement. The European Commissio ... more
+ Macron rallies sovereign wealth funds against climate change
+ In a warming world, could air conditioning make things worse?
+ Dutch unveil ambitious law to cut greenhouse gases
+ Climate models fail to account for CO2's impact on life, scientists say
+ Latvia declares state of disaster over drought
+ China unveils new climate goals for 2020
+ Ocean's heat cycle shows that atmospheric carbon may be headed elsewhere
Uber joins scooter wars with Lime investment
Washington (AFP) July 9, 2018
Uber made a move into electric scooters Monday, as the ride-service giant agreed to a strategic partnership with Lime, one of the major players in the fast-growing segment. Lime announced the new $335 million investment to be led by GV - formerly Google Ventures - with additional funding from Google parent Alphabet and others including Uber. Uber will make "a sizable investment," accor ... more
+ China's CATL to build first EU electric car battery plant in Germany
+ China's Baidu rolls out self-driving buses
+ Lyft pushes into bikes with new acquisition
+ Strict new emissions tests disrupt Volkswagen production
+ Volkswagen to stash cars at Berlin's problem airport
+ Lyft value jumps to $15.1 billion in new funding round
+ First investor complaint filed against Daimler over 'dieselgate'


Child beggars fill Mosul streets a year on from IS
Mosul, Iraq (AFP) July 8, 2018
Every day little Mohammed Salem roams the streets of Mosul, left with no choice but to hawk tissues after his father was killed by jihadists who overran Iraq's second city. A year on from Iraqi forces announcing the "liberation" of Mosul from the Islamic State group, the scars of the bloody nine-month offensive to oust the militants are still visible in the city. After losing parents eit ... more
+ A year after jihadists ousted, Iraq's Mosul still in ruins
+ Waves of strikes pound south Syria after talks fail
+ Iraqis say Russian missiles killed IS leader's son
+ Iraq calls for repatriation of children of foreign jihadists
+ Partial vote recount begins in Iraq's Kirkuk
+ Post-Saddam Iraq faces parliamentary vacuum for first time
+ Congolese doctor helps Yazidi women overcome rape stigma
Iran's Zarif hails 'will to resist' US pressure on nuclear deal
Vienna (AFP) July 6, 2018
Iran's top diplomat on Friday praised the country's remaining partners in a landmark 2015 nuclear deal for their "will to resist" US pressure after Washington withdrew from the deal in May. "What I noticed during this meeting is that all the members, even the three allies, have committed and have the political will to take action and resist the United States," Foreign Minister Mohammad Javad ... more
+ Scrapped drill with S. Korea would have cost $14 mn: Pentagon
+ Pompeo preaches prosperity to North Korea, via Vietnam
+ Trump has 'confidence' N.Korea will honor denuclearization 'contract'
+ Pompeo in N. Korea to seek 'details' on denuclearisation
+ World powers seek to keep Iran in nuclear accord after US pullout
+ French shipping firm drops Iran over US sanctions threat
+ Pompeo brushes off N.Korea 'gangster' tag, says sanctions to stay
Daily Newsletters - Space - Military - Environment - Energy

Beijing eyes UNESCO status for Mao tomb, Tiananmen Square
Beijing (AFP) July 5, 2018
Beijing wants to have Mao Zedong's Mausoleum and Tiananmen Square, powerful and controversial symbols of Chinese communist might, inscribed on the UNESCO World Heritage List, official media reported on Thursday. The Chinese capital wants to apply for 14 sites in total to receive UNESCO World Heritage status by 2035, the state-run Global Times quoted city official Shu Xiaofeng as saying. ... more
+ Thousands march in Hong Kong as restrictions grow
+ US plans beefed up scrutiny of Chinese investments: Bloomberg
+ Chinese police break up protest of military veterans
+ Dominican Republic names ambassador to China
+ China pledges $100 million in military aid to Cambodia
+ Chinese parents-to-be seek more fertile ground abroad
+ Nepal PM to seek investment on first official China trip
Sierra Leone war criminal back from Rwandan jail
Freetown (AFP) July 9, 2018
The commander of a Sierra Leone militia alleged to have hacked civilians to death and burnt others alive has returned from Rwanda to serve the rest of his sentence at home, a UN-backed court said on Monday. Allieu Kondewa helped lead the pro-government Civil Defence Forces (CDF), a notorious paramilitary unit which recruited traditional hunters to fight rebels during the brutal 1991-2002 civ ... more
+ Ethiopia, Eritrea declare war 'has come to an end'
+ Hard work remains to cement peace between Ethiopia and Eritrea
+ Buhari says Boko Haram-hit NE Nigeria now 'post-conflict'
+ Sixteen fishermen 'missing' after clashes on Uganda/Congo lake
+ Research shows plants in Africa 'green up' ahead of rainy season
+ Eritrea and peace with Ethiopia: Four questions
+ Zimbabwe army vows vote neutrality as opposition raises boycott prospect


PKL to provide F-15 operations training for Singapore air force
Washington (UPI) Jul 9, 2018
PKL Services has been awarded a contract to train the Republic of Singapore's air force on the F-15SG, it's variant of the Strike Eagle multirole fighter. The $10.2 million contract, announced Friday by the Department of Defense, comes under a firm-fixed-price contract and enables the company to provide maintenance, operations and other training to the Singapore air force for the F-15SG ... more
+ Bell-Boeing receives $4.2B contract for Ospreys for U.S., Japan
+ Polish MiG crash kills fighter pilot
+ GE contracted for F414 engine support on Super Hornet, Growler aircraft
+ Lockheed to support, train Iraqi air force on C-130J aircraft
+ Boeing to build 4 new Chinooks for U.S. Special Operations
+ Australia shelves MH370 memorial after relatives protest
+ Cherokee Nation Aerospace contracted for F-16 upgrades
Flood-postponed EU-Japan summit moved to Tokyo
Brussels (AFP) July 9, 2018
Tokyo will now host an EU-Japan summit on July 17 to sign a free trade accord after the Japanese premier cancelled the talks in Brussels because of deadly floods at home, the European Commission said Monday. Japanese Prime Minister Shinzo Abe called off the trip this week to Belgium and three other countries as the death toll from flooding and landslides caused by record rains hit 100. T ... more
+ China counterpunches against US in growing trade war
+ China eyes eastern Europe investment as US trade war sizzles
+ US, China fire first shots in 'largest trade war in economic history'
+ Malaysia suspends multi-billion dollar China-backed deals
+ China pledges more 'selfless' loans to Sri Lanka
+ EU 'possibly as bad as China' on trade: Trump
+ manufacturing activity slows in June
Daily Newsletters - Space - Military - Environment - Energy

U.S., Philippine navies start Sama Sama training activity
Washington (UPI) Jul 9, 2018
The United States' and Philippine navies on Monday started the annual Sama Sama training exercise at Naval Station Ernesto Ogbinar in the Philippines. The week-long exercise will focus on all aspects of naval operations, including air defense drills, search and rescue operations and diving exercises to enhance interoperability between the two navies. The fast transport ship USNS ... more
+ Trudeau urges 'firm response' to Russia ahead of NATO summit
+ Germany announces 'significant' hike in defence budget
+ NATO, Russia, friends, enemies: Trump reshuffles the deck
+ Trump slams NATO spending on eve of departure for summit
+ Canada extends NATO mission in Latvia to 2023: Trudeau
+ NATO leaders fear Trump crisis at key summit
+ Trump says meeting with Putin, not NATO, may be 'easiest'


India's most populous state bans plastic, yet again
New Delhi (AFP) July 6, 2018
India's most populous state Uttar Pradesh, home to 220 million people, announced Friday a ban on plastic cups and polythene use from July 15, in its third such attempt. Prime Minister Narendra Modi has pledged to make India free of single-use plastic by 2022, and the majority of India's 29 states have a full or partial ban. However the law is rarely enforced, and Uttar Pradesh's previou ... more
+ Sanofi shuts down factory over toxic waste outcry
+ Starbucks to phase out plastic straws by 2020
+ Chilean court ratifies plastic bag ban after appeal
+ Trump's scandal-plagued environment chief resigns
+ Seattle bans plastic straws, but US still has a long way to go
+ Air pollution plays significant role in diabetes: study
+ Last straw for McDonald's, Burger King in Mumbai plastic ban
Relatives identify victims of deadly Thai tourist boat sinking
Phuket, Thailand (AFP) July 8, 2018
Distraught relatives descended on a Thai hospital Sunday as many waited for news of missing family members who disappeared when a tourist boat sank in rough weather, killing dozens of Chinese passengers. Recovery divers have pulled 42 bodies from the sea off the resort island of Phuket, but authorities have said 14 other passengers remain unaccounted for. The Phoenix was carrying 105 peo ... more
+ Nepal war crime laws risk sparing worst offenders: rights groups
+ 21 dead, many more bodies seen inside sunken Thai tourist boat
+ Stateless teen praised as 'gem' in Thai cave ordeal
+ Facial recognition was key in identifying US shooting suspect
+ Artificial intelligence accurately predicts distribution of radioactive fallout
+ Thailand cave rescue: What now for the boys?
+ Libyan navy says 63 missing in new Mediterranean shipwreck
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